Badlands IMHO is the best spot for mithril farming (and iron). I used to collect on the order of 3 stacks of mithril (bars) and 3 stacks of iron (bars) in an hour or so of farming there. Ideally you want to have a mount and be high enough level to not agro the high 30s to low 40s mobs in the area. It also has the benifit of having a forge in the middle of the zone. This is hands down the best place I ever found for farming mithril, and I've tried pretty much every zone.
Tanaris has a good amount of mithril, too. Hug the outside, you'll avoid almost all of the mobs, and it's fairly large so deposits will respawn by the time you work your way back to them.
P.S. EvilShenanigans, Super Troopers references FTW! :)
#5REDACTED,
Posted:May 30 2006 at 1:47 PM, Rating: Sub-Default, (Expand Post) my mains name is shenanigans and for some odd reason I get like 2-4 tells during primetime everytime I stick up my enchanting macro